Looking Backwards … LB #1 The easiest way it seems to be in the Donald Trump government is to have a job at Fox News first and say things that agree with Trump. Who knows, you might even get to be Secretary of Defense. The other way is to write a really big check. Ben …
Back in November I wrote about BYD and how it was winning the global car race. “BYD stands for capitalism. Wang Chuanfu is the scientist who started this company way back in the 1990s. It started as a battery company and then in 2003 he moved to making cars. I had heard of BYD briefly …
Looking Backwards … LB #1 There are some unhappy people with the United States and our government’s actions lately. The nicest people in the world, the Canadians, are up in arms and booing the US national anthem. If I was to have a sanity check for good moral behavior, I would probably ask a Canadian …
“And shepherds we shall be, for Thee, my Lord, for Thee. Power hath descended forth from Thy hand, that our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee and teeming with souls shall it ever be. E nomini patri, et Fili e spiritu sancti. “ This is …
Looking Backwards … LB #1 Well, it seems everyone is talking recession this week which means we are probably right in the middle of one and they are just figuring it out. This from ZeroHedge, “A recession is imminent…The Atlanta Fed’s GDPNOW model – forecasting US economic growth – just downgraded its estimate of Q1 …
Here is what the venerable old sage C Thomas Printer wrote on Feb. 2, 2025 regarding the 25% tariffs on Canada and the impact to the auto industry. “Legacy automakers have had 25 years of factory production, free trade agreements, and in 25 days decades of capital planning go out the window. If you think …
Looking Backwards … LB #1 It has been one hell of a first month with the wee orange man in charge. It has been a scary time. Jason Lange, Andy Sullivan, and Brad Heath report this for Reuters, “The U.S. government spent more during President Donald Trump’s first month in office than it did during …
In the movie Casino there is a scene where the house is catching a couple of cheaters at the blackjack tables. They call security, they notify everyone to be in their places, and then they bring out a birthday cake and start singing. This is at an adjacent table, and everyone turns and looks at …
Looking Backwards … LB #1 We have discussed the strategy that Don Trump is unveiling to raise revenue and trim spending. The DOGE group led by Elon Musk are trimming spending, gutting federal programs, and putting the Mid-Atlantic into a serious recession. That is unfortunate for them, but probably long term necessary for a nationwide …
This week’s Bygone Relics will be much like the news, all over the place. In last week’s LBLF we briefly hinted at the coming federal job cuts. Up to 200,000 federal jobs are to be cut and that is just the start. If we go to dailyjobcuts.com we can see just how extensive this layoff …